The Financial Industry Regulatory Authority’s board of governors seats reserved for small and mid-sized firms have been filled with two broker/dealer owners who campaigned to reduce the burdens the regulator places on smaller firms.
The Financial Industry Regulatory Authority’s board of governors seats reserved for small and mid-sized firms have been filled with two broker/dealer owners who campaigned to reduce the burdens the regulator places on smaller firms. ...More
Boston has the healthiest housing market in the U.S., including the lowest mortgage costs and least number of "precarious" mortgages, in a survey of the top 25 U.S. metropolitan areas. No award for guessing the least healthiest....More
Alternative asset managers should make amends for underperforming during the financial crisis by examining their fee structure, according to a panel of investment officers at a recent forum hosted by UBS....More
Daniel Hawke, a 16-year veteran at the Securities and Exchange Commission who helped lead major high-profile enforcement cases against stock exchanges and brokerages, is planning to leave the agency in August, the SEC announced on Wednesday....More
A federal judge refused to second guess the CFP Board’s handling of the enforcement action against Jeff and Kim Camarda, saying in a recently unsealed opinion that the advisors had failed to show the organization was motivated by “bad faith or ill will” in its discipline procedures....More
American Realty Capital Properties, the non-traded REIT sponsor mired by troubles last year related to a $23 million accounting error, has changed its name to VEREIT. The new name comes from the word “veritas”—the Latin word for “truth....More
Poor estate planning often leads to bitter fighting that can last years. Here are 11 high-profile examples of long-running estate conflicts, many of which could have been avoided with a little foresight.
A Goldman Sachs Group Inc unit must pay $1.8 million for not reporting "substantial" details about its alternative trading system orders to a system that tracks that information, as well as other lapses, Wall Street's industry-funded watchdog said....More
On the latest installment of HBO’s Ballers, Dwayne “The Rock” Johnson’s Spencer Strassmore is called in to clean up several players’ messes—raising the question: how do you juggle needy clients? (Warning, spoilers ahead.)...More
What does it take to lead a high performing team? Are you seeing the kind of ROI from your next gen advisors that you need to? Do you know what you need to do to ramp up next gen performance quickly and efficiently? There are ways to support the efforts of your next gen team to be more productive in less time, but you have to know the secrets to leading a high performance team....More
With the Fed poised to hike rates for the first time since 2006, many investors are concerned about the risks to their bond holdings. But rising rates also have positive aspects for some investors....More
These articles from the Investments & Wealth Monitor focus on the challenges of longevity and how families can prepare, maximizing wealth over increasing life expectancies with social security, and long-term care and asset protection....More
Small-cap growth stocks have turned in strong performances year to date, but various macroeconomic events and cross currents exist in today's market environment. Learn what's behind the gains and where the opportunities for small-cap stocks can be found going forward....More